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EUR/JPY. Yen and Politics: Japan Prepares for Early Parliamentary Elections
The EUR/JPY pair is showing upward
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The EUR/JPY pair is showing upward dynamics, offsetting losses of the previous three weeks. The rise is driven primarily by yen weakness amid the possibility of a political crisis in Japan, though the euro also contributes amid slowing inflation in the eurozone.According to available information, Sanae Takaichi, leader of Japan's ruling Liberal Democratic Party (LDP), plans to dissolve the lower house of parliament and call early elections that could take place as early as next month. Preliminary reports indicate the
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